Sun International has announced that its Executive Director and Chief Executive, Graeme Stephens, will leave the group at the end of April 2017. He will take up the role of CEO at SKYCITY Entertainment Group in New Zealand.
Stephens has been with Sun International for over five years and was mandated to achieve a strategic repositioning of the group. In a media statement, Sun International said by the time of his departure next year, the major objectives that were set by the board will have been achieved.
“We brought Graeme on to transform the company. Operationally, the business been restructured, a new management team with deep expertise has been employed, new systems and analystics have been implement, and a new brand and loyalty programme have been rolled out,” said Chairman, Valli Moosa. He added: “The group has essentially existed its non-core African assets and focused on those in South Africa that comprise the core of its business. The flagship Sun City resort has been redeveloped and strategies are well advanced for Sibaya, Carnival City, GrandWest and Boardwalk.”
Stephens will be succeeded a Chief Executive by Anthony Leeming, the current Chief Financial Officer, who will take over with effect from the 1st of May 2017. Leeming has been with Sun International for 17 years. “Given that Anthony has been groomed to be a natural succession and has been integrally involved in all aspects of the strategy, he is ideally suited to succeed Graeme as the Chief Executive. He has been with the company for many years, is intimately acquainted with every detail and his skills set positions him well to achieve the objectives that lie ahead,” said Moosa.